Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons. As a first step, we’re operating a “lean” Control-Tower within our supplier relationship management system.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 75

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 75

EC Sourcing Group

DECEMBER 29, 2020

Procurement software covers a lot of bases, and there are many facets to procurement management that could potentially be streamlined and automated if you haven’t done so already. Every procurement and purchasing department is different, and thus, everyone has a different set of needs and standards. Have inventory management.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Analytics Software Modeling Software 52

NC State SCRC

NOVEMBER 29, 2023

During her 24 years at Honda of America, she helped implement many of the supply chain best practices that have now become renowned, including cost modeling, supplier development, supplier quality assurance, lean manufacturing, and many others, which evolved under the original North America leadership of Dave Nelson. another industry leader.

Supply Chain Planning Software 52

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 52

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Disaggregate freight spend data.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Unleashed

APRIL 18, 2024

Just-in-time and lean manufacturing Just-in-time manufacturing and lean manufacturing are two pivotal strategies implemented in modern production processes, which focus on manufacturing efficiency and waste reduction. Lean manufacturing and just-in-time systems work well together, as both strive to attain maximum efficiency gains.

Just-in-Time 52

Just-in-Time Manufacturing Procurement Waste Reduction Inventory Reduction 52

RFgen

MAY 13, 2024

TL;DR Unilever’s Global Reach : Manages a complex supply chain with over 280 factories, 500 warehouses, and sources from 52,000 suppliers in over 150 countries. Sustainability Initiatives : Commits to reducing environmental impact through sustainable sourcing, packaging, and waste reduction.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 75

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Let’s take a closer look at sourcing. The inadequacies of MRP is the genesis of the lean process of Plan for Every Part (PFEP).

Optimal Sourcing 171

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 171

ivalua

NOVEMBER 26, 2020

While organizations continue to utilize low-cost regions like Asia, they are also employing strategies like “Asia plus one” or “China plus one” where they develop secondary sources in another region or another country to provide some insurance against regional or geopolitical disruption. Stalwarts of Business Planning Showing Cracks.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 71

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. The scarcity of skilled professionals in areas such as logistics, procurement, and data analytics can hinder the ability to effectively manage and optimize supply chains.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

SCMDOJO

APRIL 4, 2023

In this article, we’ll delve into the benefits and challenges of this powerful tool, and discuss the architecture that’s necessary to successfully integrate it into your business. To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources.

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

LevaData

OCTOBER 13, 2021

During this time, leaning more heavily on existing, but often underutilized, tech solutions like video conferencing software and digital collaboration tools like e-sourcing was pivotal for many organizations to survive. The opposition against remote relationships and interactions is founded on numerous concerns.

Negotiate Pricing 72

Negotiate Pricing Negotiating Skills Analytics Software Buyer Training 72

Precoro

JULY 8, 2022

One should keep in mind that every transaction has an additional hidden cost in labor and overheads, such as the time spent sourcing products, tracking deliveries, matching invoices, and overseeing suppliers. There are several undeniable benefits of hiring purchasing managers, as they immediately affect various procurement KPIs.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

QAD

AUGUST 17, 2023

and a new set of tools being delivered into the hands of manufacturers via QAD Redzone. They are tools that are not able to scale, they will break,” explains Bareid. You need to lean on the knowledge that are within the supply chain solutions for how you enable your suppliers and communicate with them and execute on the supply chain.”

Supply Chain Software 92

Supply Chain Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Strategy 92

Supply Chain Opz

APRIL 1, 2018

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute procurement and sourcing strategy like the world's leading companies. #The links below are paid links. Best Logistics Books are as below: 1. Our Rating: 5 Stars 4.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

A digital workforce weaves together disconnected automation tools – Robotic Process Automation (RPA), AI, and machine learning – to think, act and analyse the way a human worker would, and work alongside humans. Procurement. RPA as it is also referred to, has the capability to transform supply chain management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

EC Sourcing Group

OCTOBER 26, 2021

Before the Internet was a vital tool in business, the supply chain was a much different place than today. However, the use of information technology in supply chain management has streamlined the world of procurement and purchasing through supply chain management, cloud software, and other types of IT that help boost supply chain efficiency.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 52

Taulia

MARCH 2, 2023

It covers the full range of supply chain processes, from procuring raw materials to delivering the finished products to customers. At Zenith Precision Machining, there is a policy of multi-sourcing suppliers, which are selected according to several criteria, including price, quality, reliability, and flexibility.

Negotiating Skills 52

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

By enabling customer access to supplier information, including sourcing of materials, as well as environmental performance data, all parties in the supply chain, can be made more accountable. The concept of asset-less state refers to creating a supply chain that is as lean as possible.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

Kinaxis

AUGUST 5, 2014

This key supplier had been identified and sure enough, you have a second source primed and ready to go. A few hours later, your procurement head walks in the office. “We We have a problem.” The alternate source uses the same supplier in Taiwan. No off the shelf tools exist.

Inventory Reduction 267

Inventory Reduction Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 267

EC Sourcing Group

MAY 10, 2022

eSourcing technology continues to have a transformative effect on the procurement process, maximizing its overall impact with significant cost and time savings for the buyer. Read on to learn more about the five key benefits of eSourcing, and how to find the right eSourcing tools to meet your company’s needs. But what about suppliers?

Optimization Software 52

Optimization Software Optimal Sourcing Tools Sourcing Strategies 52

OptiProERP

SEPTEMBER 22, 2022

The manufacturing cost is the sum cost of all resources used in procuring raw materials and converting those raw materials into finished products. Production overheads – rent, insurance, electricity, small tools, packing materials, machine maintenance, and other costs incurred in the factory excluding direct labor and material costs.

Cost Reduction Strategies 52

Cost Reduction Strategies Waste Reduction Expense Reduction Vendor Strategies 52

SYSPRO Smarter ERP

NOVEMBER 1, 2021

A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them. The ease in which they provide in managing services or products is leading those in the B2B space to consider the missed opportunity.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software 111

SYSPRO Smarter ERP

APRIL 18, 2022

New SYSPRO research reveals 47% of survey respondents invested in sensors, IoT or IIoT to collect data and respond to supply chain disruption, however only 20% of businesses invested in data analytics tools to process and analyze the data and only 5% of businesses investigated AI and ML to draw any long-term benefit from the data collection.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 124

Supply Chain Matters

JANUARY 10, 2023

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . In this Part Two posting, we provide highlights to Prediction Three outlined in our advisory.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

ShipBob

JANUARY 17, 2022

Supply chain execution refers to the process of driving the flow of goods within the supply chain – starting from procurement all the way through final-mile delivery. This may include production planning to decide on manufacturers and suppliers, as well as developing procurement strategies based on forecasted demand and production lead times.

Supply Chain Execution 52

Supply Chain Execution Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

Proxima

MARCH 16, 2020

As the world’s best procurement consultancy, we need to stand up, tell you what we know about keeping procurement functions, businesses and supply chains moving. Procurement can make an enormous difference now, and in turnaround. Procurement needs to stay on top to ensure there is no waste, and optimal returns.

Optimal Sourcing 64

Optimal Sourcing Waste Reduction Resource Reduction Modeling 64

RFgen

MAY 16, 2023

These insights are critical to procurement and warehouse management. Competitive Advantage : Leaning on data analytics can give you a competitive edge over rivals by enabling greater agility in responding to market changes and customer needs. Many data analytics tools are available.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52

GlobalTranz

MAY 1, 2015

Transparent supply chain management and effective supply chain visibility is a critical tool in a company’s continued growth and successful brand image. Data can indicate issues with procurement , product quality, and delivery. A trend in dual/multi-sources helps to provide additional supplier sources in the case of any concerns.

Supply Chain Visibility 120

Supply Chain Visibility Purchasing Skills Optimal Sourcing Buyer Training 120

ThroughPut

JANUARY 2, 2024

Just-In-Time (JIT) Inventory Management, also known as lean manufacturing or the Toyota Production System (TPS), is a strategy that aligns raw-material orders from suppliers directly with production schedules. Invest in advanced forecasting tools and techniques to predict demand more accurately. How Does Just-In-Time (JIT) Work?

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. It is safe to say that if a warehouse operation is not implementing Lean, it is falling behind its competition.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

DynaSys

DECEMBER 8, 2021

As well, we need to be agile, lean and digital enough to integrate the new partnerships in our S&OP process and tools. But in such a case, with the different lockdowns worldwide, either for market, for factories and for some customs, we had to move to more fast and agile simulation tools. On one hand we have markets.

S&OP 52

S&OP Supply and Demand Supply Chain Planning Software Material Savings 52

Supply Chain Collaborator

AUGUST 14, 2019

Lean inventory control, just-in-time manufacturing and real-time shipment tracking have become the new standard in many industries and that means that transportation is a much more critically important stakeholder in success than before. Step 3 – Give transportation a seat at the “adult table”. Step 4 – Adopt 21 st century technology.

Supply and Demand 95

Supply and Demand Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 95

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. Staying abreast of the state-of-the art in Supply Chain Management : extended Lean initiatives in the Supply Chain, Robotics, and Voice of the Customer (VoC) to improve Supply Chain performance. PEOPLE make it all happen.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

ivalua

MAY 21, 2014

The organizations using powerful new sourcing technology and streamlined processes are leaping ahead, quickly leaving their competition behind. These tools ensure that supply chain leaders are never short of data. Many organizations have moved away from lean practices, which often focused on small details and not the big picture.

Supply Chain Software 100

Supply Chain Software Gartner Supply Chain Planning Software Agile and Lean Supply Chain 100

Unleashed

AUGUST 20, 2023

It includes everything from the procurement of raw materials to production, inventory management, and shipping. Here are some useful techniques for shortening your lead times: Effective planning: Thoroughly plan and forecast demand to ensure that production and procurement activities are aligned with expected orders.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52